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Office Tenant Representation

We’ll help you find the right office solution and drive the process to a successful outcome so you can focus on what matters most – running your business.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Hong Kong is the world's most expensive and volatile office market, so understandin​g the market is key to securing the best space to meet your business needs.

If you are a commercial office occupier, we recommend appointing a Tenant Representation expert to help with your real estate strategy and execution. 

Whether you are looking to renew, relocate, resize, restack or undertake a rent review, JLL can help. We have assisted countless occupiers in finding optimal solutions that have resulted in significant savings, shortened management time and reduced the risks involved in the process.  Our specialists can also help you tap into other valuable services such as Project Management, Design and Workplace Innovation. 

Our streamlined process is one factor that has led to JLL being known as the market leader in Hong Kong since the 1970s.   

JLL's Hong Kong transactions team is the largest in Asia Pacific. We endeavour to combine deep local expertise and market insight with global best practices to secure you a competitive advantage in all negotiations. We've represented some of the largest private sector tenants in Hong Kong, and more Fortune 500 companies than anyone else.  

Our team was named 'Office Team of the Year' in 2014 and 2015 by the Royal Institute of Chartered Surveyors (RICS) - the only international accredited real estate body in Hong Kong. JLL was also awarded the RICS Hong Kong 'Best Deal of the Year' award in 2016 and has been named one of the World's Most Ethical Companies by the Ethisphere Institute for eight straight years.

Please contact us if you are considering any of the following:

  • Lease
  • Acquisition
  • Lease Disposal
  • Rent Review
  • Lease Renewals
  • Lease Restructurings
  • Workplace Innovation
  • Project Management
  • Capital Markets
  • Tailored Market Research specific to your company
  • Corporate Residential or School Placement services
  • Valuation Advisory​​

We pride ourselves on knowing the kind of space that tenants want. That knowledge underlies leasing strategies that secure the best lease terms and forge long-term relationships for lasting value.

We have worked with tenants from a broad spectrum industries to help find the optimum deal to enable them to meet their business goals.  Here's what a few of them have told us about their experience:

Biotechnology Start Up
"J
LL did an excellent job securing a suitable location at a very competitive price for Hong Kong. JLL was extremely knowledgeable and professional which helped guide us through many options. They also prepared detailed comparisons and financial models." 

Financial Services Company
"The JLL team have demonstrated impressive attention to detail and patience in working with us and accommodating our unique needs."

Global Logistics Provider
"JLL expressed great interest in understanding our company's needs and spent tremendous effort in meeting our requirements/ expectations. Their market knowledge is remarkable, which really supported our decision marking."

Hedge Fund
"Excellent service
and superior understanding of the market and our needs. Accessible 24/7 without hesitation."

Accounting Firm
"JLL demonstrated a high degree of professionalism through the process. The team looked after our needs and succeeded in negotiating with the landlord for favourable terms, which well exceeded our expectations."​

Global Rating Agency
"JLL's Tenant Representation experts are true professionals and have served as trusted advisors for many years.  We are extremely pleased with their service and will continue using them on projects going forward." 


Co-Working: An opportunity for Hong Kong

WeWork, a global pioneer in shared office spaces, is bringing its co-working concept to Hong Kong. Brian Brenner, Head of Tenant Representation, explains how JLL secured a huge new flagship for the company in Causeway Bay.

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Related news and research

 

 

Debunking Hong Kong's Land Supply Dilemma/hong-kong/en-gb/news/special/80/jll-capital-markets-hong-kong-land-supply-housing-2018Debunking Hong Kong's Land Supply DilemmaTime to step back and review land supply options before getting drawn into the swirl of debate0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64
Hong Kong Retail Evolves as Sales Surge/hong-kong/en-gb/news/special/77/jll-retail-retailer-survey-hk-2018Hong Kong Retail Evolves as Sales SurgeOptimism abounds, with visitor arrivals and local spending increasing 0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64
Vacancy in Kowloon East Offices Drops to Below 10% for the First Time in 12 Months/hong-kong/en-gb/news/687/kowloon-east-office-vacancy-drops-july-2017Vacancy in Kowloon East Offices Drops to Below 10% for the First Time in 12 Months<p style="text-align:justify;"><strong>HONG KONG, July 2</strong><strong>3</strong><strong>, 2018</strong> – Rents in the overall office market grew 0.9% m-o-m in June, bringing growth for the first half of 2018 up to 3.6%, according to the latest <a href="http://www.jll.com.hk/hong-kong/en-gb/research/367/2018-property-market-monitor-hkg-jul-2018">Property Market Monitor</a> released by JLL.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Central led the way with rents growing by 1.4% m-o-m on the back of a 1.5% m-o-m increase in Grade A3 offices, followed by Tsimshatsui where rents advanced by 1.1% m-o-m as vacancy remained anchored below 2% for the third consecutive month. In Kowloon East, strong take-up helped push vacancy to below 10% for the first time in 12 months and rents grow by 0.2% m-o-m.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Despite a 63% m-o-m drop in new lettings, net take-up in the overall market amounted to 106,600 sq. ft. in June. In the most notable new letting, AIA leased about 100,000 sq. ft. at Hopewell Centre in Wanchai, relocating from AIA Building at Stubbs Road. The month also saw a couple of fintech firms expanding in the market, including Block One reportedly leasing 16,600 sq. ft. at The Centrium in Central while another fintech player was said to have leased 29,700 sq. ft. at Lee Garden One in Causeway Bay.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">In the investment market, PRC-backed Henglilong Investments' acquisition of Cityplaza Three and Cityplaza Four from Swire Properties at HK$15 billion set a new record high for the Hong Kong East office market, in terms of total consideration. Concurrently, investment activity in the industrial market is heating up, with several en-bloc properties sold during the month, including the sale of Lot 46—formerly Nan Sing Industrial Building before being revitalised into an office building—in Kwai Chung to mainland developer Aoyuan Property Group for HK$950 million.</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Paul Yien</strong><strong>, Regional Director of Markets at JLL,</strong> says: "New economy players are fueling the boom in Hong Kong's office market. Fintech companies, in particular, have been active tenant in recent months. In signs of how scare office space has become in Central, these firms are keen to explore and extend their office footprint beyond Central and into other non-core business districts, such as Hong Kong East and Kowloon East, as they hunt for suitable premises. With vacancy in Central remaining tight, we expect this trend to continue over the next few quarters."</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Denis Ma, Head of Research at JLL</strong>, adds: "The sale for Cityplaza Three and Four to Hengligong Investments is just the latest example of PRC investors buying en-bloc Grade A office buildings outside of Central. Their focus, however, remains on turnkey assets that have high visibility from both the Hong Kong Island and Kowloon shoreline. Looking ahead, this trend will only be limited by the availability of such assets though the aggressive prices being offered could sway more owners to part ways with their assets."    </p><p style="text-align:justify;"> </p><p style="text-align:justify;"> </p><table cellspacing="0" width="100%" class="ms-rteTable-default"><tbody><tr><td class="ms-rteTable-default" style="width:14.2857%;"><strong>Grade A Office Vacancy Rates</strong></td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td></tr><tr><td class="ms-rteTable-default"><strong>Period</strong></td><td class="ms-rteTable-default"><strong>Overall</strong></td><td class="ms-rteTable-default"><strong>Central</strong></td><td class="ms-rteTable-default"><p style="text-align:justify;"><strong>Wanchai /</strong></p><p style="text-align:justify;"><strong>Causeway Bay</strong></p></td><td class="ms-rteTable-default"><strong>Hong Kong East</strong></td><td class="ms-rteTable-default"><strong>Tsimshatsui</strong></td><td class="ms-rteTable-default"><strong>Kowloon East</strong></td></tr><tr><td class="ms-rteTable-default"><strong>End-Jun 18</strong></td><td class="ms-rteTable-default">4.2%</td><td class="ms-rteTable-default">1.6%</td><td class="ms-rteTable-default">2.0%</td><td class="ms-rteTable-default">2.2%</td><td class="ms-rteTable-default">1.6%</td><td class="ms-rteTable-default">9.9%</td></tr><tr><td class="ms-rteTable-default"><strong>End-May 18</strong></td><td class="ms-rteTable-default">4.3%</td><td class="ms-rteTable-default">1.4%</td><td class="ms-rteTable-default">2.3%</td><td class="ms-rteTable-default">2.3%</td><td class="ms-rteTable-default">1.6%</td><td class="ms-rteTable-default">10.2%</td></tr></tbody></table><p><strong><em>Source: Research, JLL</em></strong><br></p><p><br></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88

 

 

The Office Index 2Q 2018/asia-pacific/en-gb/research/965/the-office-index-2q-2018The Office Index 2Q 2018Healthy demand supports robust leasing activity0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Hong Kong Property Market Monitor - August 2018/hong-kong/en-gb/research/373/2018-property-market-monitor-hkg-aug-2018Hong Kong Property Market Monitor - August 2018Grade A office vacancy further tightens0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Asia Pacific Property Digest - 2Q 2018/asia-pacific/en-gb/research/966/asia-pacific-property-digest-2018-2qAsia Pacific Property Digest - 2Q 2018Markets remain resilient0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045